Covering Your Assets: Insuring Body Parts

Ever watched a celebrity gossip news show? Come on, be honest!

Ever read a celebrity gossip magazine? Still lying to yourself?

Okay, how about you’ve stood in a checkout line at the grocery store and seen the cover of a gossip magazine? Gotcha!

Then you’ve probably seen a headline about a celebrity buying an insurance policy on a part of their body. For many years, celebrities have garnered press attention for taking out such policies—among many other things. You’ve probably heard of singers insuring their vocal cords, athletes covering arms/legs, supermodels insuring facial features, and the list goes on.